Multi-purpose trade management EA | Page 31 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Alternative Trade Management/Money Management Methods 3 replies

multi-purpose Stoch Alert 11 replies

Successful Trade Management / Risk Management 0 replies

Trade Multi ECN accounts on Multi Brokers ? 1 reply

Attachments: Multi-purpose trade management EA
Exit Attachments

Multi-purpose trade management EA

  • #601
  • Sep 18, 2010 7:02pm Sep 18, 2010 7:02pm
Quoting ff34
Hi Steve,
One request is can you make the Pending Orders also close when Basket Trades are closed . ( only of same Magic number or Comment as that of Basket )
You have already made Pending orders close In Global Closure, hence this also would be great.

Thanks
Any objection to this from the basket traders? Remember that whilst this makes no difference now, it might impact on performance in future updates.

In the absence of objections, I will go ahead and add Pendings to the Global Closure.

If I can work out how.

  • #602
  • Sep 21, 2010 3:25pm Sep 21, 2010 3:25pm
Hi Steve,

I just wanted to use my first post in this great forum to say thanks for all the effort that you are putting into this EA and to second ff34īs request for Pending Orders also close when Basket Trades are closed.

All the best.
  • #603
  • Sep 25, 2010 4:13pm Sep 25, 2010 4:13pm
Quoting stevesharp12
Hi Steve,

I just wanted to use my first post in this great forum to say thanks for all the effort that you are putting into this EA and to second ff34īs request for Pending Orders also close when Basket Trades are closed.

All the best.
Cheers. I have completely forgotten about this. Have I added the relevant code, or does it still need doing?

  • #604
  • Sep 25, 2010 9:03pm Sep 25, 2010 9:03pm
Quoting SteveHopwood
Cheers. I have completely forgotten about this. Have I added the relevant code, or does it still need doing?

I am afraid.. it still needs doing...
https://freshnews.top
  • #605
  • Edited 10:08pm Sep 27, 2010 10:06pm | Edited 10:08pm
Hi,

This EA keeps giving me the following error:

USCAD TP insertion failed with error(1): no error

I have an open buy-stop order, and I have set this EA to manually set the SL & TP to 20 pips. But it's failing....any idea?

Also in the comments section on the chart, keeps showing 200 pips for SL & TP...it should be 20pips!
  • #606
  • Edited 4:20pm Sep 29, 2010 4:00pm | Edited 4:20pm
The visual of "200" instead of "20" is "normal" for the present mptm display itself, the display has not changed over from the move into 4/5-digits. Small problem though, I have'nt mentioned it before. Could be nice if the visual would be made at "20" pips though...
The first error I'm glad you brought up. Yes, with an open pending order, you can test with creating an open pending buy and open pending sell on demo, the mptm will interact (especiallly try this demo setup with and without a long and or short trade already open/active), the mptm will register from this pending order an error message of "failure to insert...".
Steve, although your nice coding has "no way" to interact with a pending order... it does, possibly dependent on an active trade already being open on the same currency pair already running on the mptm. You guys might want to test it out and report back. I could provide more detail on the open pending and open active trade combinations which lead to this issue. Not a major bug, but it can sure be bugging...
Ron

Forgot to add; of course the pending order has to be empty for TP and SL, that is if the open active order is using the mptm, whereby the mptm is set with the active trade to "add a missing TP(SL)".
I "solved" this issue under the table... set alerts to off, and you will not see this error message... kind of like treating the symtoms without curing the disease...
  • #607
  • Sep 29, 2010 4:23pm Sep 29, 2010 4:23pm
Quoting ff34
I am afraid.. it still needs doing...
Keep nagging, about once a week. Remember to remind me what you are nagging about.

I am busy and don't care about this - I cannot even remember what it is so obviously I don't have any interest. If you don't keep nagging it won't happen. Keep on nagging and I will remember in a spare few minutes and add whatever it was you wanted out of feeling guilty.

Possibly.

How about learning a bit of basic coding and adding it yourself? All traders should be able to do this for themselves.

  • #608
  • Sep 29, 2010 4:33pm Sep 29, 2010 4:33pm
Quoting candletrader
Hi,

This EA keeps giving me the following error:

USCAD TP insertion failed with error(1): no error

I have an open buy-stop order, and I have set this EA to manually set the SL & TP to 20 pips. But it's failing....any idea?

Also in the comments section on the chart, keeps showing 200 pips for SL & TP...it should be 20pips!
Which bit of "At heart, this is about manipulating stop losses and take profits of trades already open." from post 1 is causing you difficulty? Why the blazes do you think you should be trying to use the robot to send stops and tp's to pending trades?

It seems you cannot even be bothered to work out your own stops for pending trades. That is just idiotic.

  • #609
  • Sep 29, 2010 4:36pm Sep 29, 2010 4:36pm
Quoting Sw4xGro
The visual of "200" instead of "20" is "normal" for the present mptm display itself, the display has not changed over from the move into 4/5-digits. Small problem though, I have'nt mentioned it before. Could be nice if the visual would be made at "20" pips though...
The first error I'm glad you brought up. Yes, with an open pending order, you can test with creating an open pending buy and open pending sell on demo, the mptm will interact (especiallly try this demo setup with and without a long and or short trade already open/active), the...
Not a clue what you are wittering about.

  • #610
  • Sep 30, 2010 3:38am Sep 30, 2010 3:38am
Done the basket pending trade closure thingy; there is a new input that needs setting to 'true' to make this work - IncludePendingsAtClosure. I have not tested the code, so sing out if there is a problem.

Also added a couple of lines of code to stop mptm trying to add missing stops and tp's to pending trades. Ok, so I was a bit dismissive about this, but I was in the code and this did not take long.

  • #611
  • Sep 30, 2010 6:14am Sep 30, 2010 6:14am
I forgot that pending trades need deleting, not closing, so the update I posted earlier will not work properly.

This is fixed now, so anyone who downloaded before reading this needs to re-download if you want the close pending basket trades feature.

  • #612
  • Sep 30, 2010 11:23am Sep 30, 2010 11:23am
Also added a couple of lines of code to stop mptm trying to add missing stops and tp's to pending trades....

Thanks. Will help several of us with this buglet, glad you found it...
http://cdn.forexfactory.com/images/icons/icon14.gif
  • #613
  • Oct 16, 2010 7:52am Oct 16, 2010 7:52am
Hi Steve
I know you are a busy man but when you open the code in MPTM next time can you please check this.
I have a problem when I use Basket Trailing Stop. If the manager close the Basket and there is still a trend witch make my EA to open new trades the manager close the new orders also. I'm missing a delay in the manager after the close of orders.
The second thing I tried to use is AutoCalcBasketTPasPercent.
When my EA opens say 2-3 orders the Autocalc use FourToSevenTradesPercent and that is ok.
But if my EA then open 6 more orders after a while so I have more than 7 orders open, the manager does not change to EightToTwelveTradesPercent.
I was putting one more line to the code OneToThreeTradesPercent but when it was more than 3 orders open the manager did not changed to FourToSevenTradesPercent.
Its working if all orders are opened in same moment but not if the orders opens in different time.
It’s a good system to use if you hate DD and want to pinch some pips but when I'm not a programmer I can not fix it myself and that is very frustrating.
  • #614
  • Oct 18, 2010 4:17am Oct 18, 2010 4:17am
Hi Steve,

Many thanks for this wonderful EA of yours. Lots of configurations to play with. However, I am wondering why is it that everytime I made a setting, press ok, and enable EA, no functions are enabled. And when I go back to EA's config, I see all the settings I did back to default.

Anyone facing this too?

Thanks.
  • #615
  • Edited Oct 20, 2010 6:43am Oct 19, 2010 7:12pm | Edited Oct 20, 2010 6:43am
Hi
I have noticed that the basket function no longer works as before. You need to take the manager of the card and put it back after it has closed a basket or it will close your new order directly when you open them.
  • #616
  • Oct 20, 2010 8:33am Oct 20, 2010 8:33am
Can someone please help me with the settings?

I want to achieve the following:

1. When trade is triggered, stoploss should be at 20 pips.
2. Trailing stoploss of 1 pip should be instant. That is, if price moves +1 pip, stoploss moves to 19, price moves +5 pips, stoploss moves to 15.
3. As soon as Price has moved +10 pips, stoploss moves to breakeven.
3. Takeprofit at 20 pips.

I am trying to figure out the settings but there are so many options that I am not able to get the desired effect.
(ps: I have been tinkering with the EA for the past couple of hours)
  • #617
  • Oct 20, 2010 9:40am Oct 20, 2010 9:40am
Quoting pride1760
Can someone please help me with the settings?

I want to achieve the following:

1. When trade is triggered, stoploss should be at 20 pips.
2. Trailing stoploss of 1 pip should be instant. That is, if price moves +1 pip, stoploss moves to 19, price moves +5 pips, stoploss moves to 15.
3. As soon as Price has moved +10 pips, stoploss moves to breakeven.
3. Takeprofit at 20 pips.

I am trying to figure out the settings but there are so many options that I am not able to get the desired effect.
(ps: I have been tinkering with the EA for the past couple...
1. AddMissingStopLoss=true
MissingStopLossPips=20

2. InstantTrailingStop=true
InstantTrailingStopPips=20

3. BreakEven=true
BreakEvenPips=10
BreakEvenProfit=0

4. AddMissingTakeProfit=true
MissingTakeProfitPips=20
  • #618
  • Oct 28, 2010 10:12am Oct 28, 2010 10:12am
Anyone have the problem setting for the MTPM version 20100930 on 5 or 3 decimal setting on the EA? I set the DoNotOverload5DigitCriminals = true, FiveDigitIncrement = 1, the problem is all the 5 and 3 digit pairs working correctly, but the 2 and 4 digit not working.

Anyone can help?
  • #619
  • Oct 28, 2010 12:26pm Oct 28, 2010 12:26pm
Quoting fxforex
Anyone have the problem setting for the MTPM version 20100930 on 5 or 3 decimal setting on the EA? I set the DoNotOverload5DigitCriminals = true, FiveDigitIncrement = 1, the problem is all the 5 and 3 digit pairs working correctly, but the 2 and 4 digit not working.

Anyone can help?
I'm using the new version that is attached to v6.0 TEST of the Nanningbob system. This version has a 30+15 setting and it's working fine on FXDD, MIG, InterbankFX... I will be trying and demo other companies as well FXCast and FXOpen soon...
  • #620
  • Oct 28, 2010 9:13pm Oct 28, 2010 9:13pm
Dear Steve,

I am new to this forum and your wonderful EA. I have earnestly followed your instructions on getting familiarized with the Ea- yes I have read the instruction pdf 5 times and yes I have gone through the 1st 10 pages of the postings on the forum. I am trying to modifying the Ea to achieve a simple strategy akin to your trailing stop or jumpingstop routine but where hedge sell-stops are used and modified instead of the trailing stop. I am however not achieving the desired results; while the orders are modified they are modified by the right amount (15 pips in my case) and I am also experiencing difficulty with closing orders which I use in both program initiation and close to make sure no other orders with the same MagicNumber are open.

I hope you could shed some light on this. I have been working hard on this project for a number of weeks and I do not intend free lunch. but it is extremely frustrating to see code that is very sound and seems logical do nothing. I am testing my code on IBFX mini demo account.

Best Regards,
1 trader viewing now